After the first development of their B2B-product - the MiFID II investor risk profiling solution Riskifier the team has transferred the know how into a new B2C-product for cryptoinvestors. “In the light of cryptocurrency popularity among retail investors and almost non-existent investor protection schemes, we thought this might be something worth of being shared with larger audience”, explains Gino Wirthensohn, CEO & Co-Founder Riskifier. At the moment, Cryptoprofiler.com is free for its user; in the future Riskifier might implement a Freemium model.
Cryptoprofiler.com transfers two important pillars of the investor protection framework in traditional financial market regulations into the crypto space: Investor Risk Profiling/Suitability Assessment and Product Risk Classification.
The beta platform offers:
- • A designated profiling solution focusing on risk capacity, knowledge & experience with a focus on cryptocurrencies, educating user about behavioural biases and providing insights into investment topic preferences by a proprietary algorithm for the analysis of Twitter data.
- • A risk classification framework covering various data points of liquidity risk, market risk and issuer risk topics designed for the very specific risks of cryptocurrencies as well as sentiment analysis of the public opinion for specific coins to offer an enhanced comparison function of the various available coins.
Picture: Fotolia.com / Buffaloboy